To boost consumer spending and revive China’s struggling economy, Beijing is targeting the used car market—a step, to be sure, but far less than what is needed.
The issues with China are far from over, but the trend remains positive, and if earnings go well, no one will be surprised to to see new highs by year’s end.
The Fed governors should further clarify if there will be more key interest rates in the upcoming months and how reliant the FOMC will be on economic reports.
As China’s economic stability continues to deteriorate, Evergrande’s delisting from the Hong Kong Stock Exchange signals the end of the ‘China Miracle.’
Because past efforts to accelerate consumer spending have failed, Beijing has begun to consider more radical changes, including an alteration in the tax code.
To boost consumer spending and revive China’s struggling economy, Beijing is targeting the used car market—a step, to be sure, but far less than what is needed.
The issues with China are far from over, but the trend remains positive, and if earnings go well, no one will be surprised to to see new highs by year’s end.
The Fed governors should further clarify if there will be more key interest rates in the upcoming months and how reliant the FOMC will be on economic reports.
As China’s economic stability continues to deteriorate, Evergrande’s delisting from the Hong Kong Stock Exchange signals the end of the ‘China Miracle.’
Because past efforts to accelerate consumer spending have failed, Beijing has begun to consider more radical changes, including an alteration in the tax code.